"All VSP applications will be accepted" vs. "90% of VSP applications will be rejected" September 6-10 can't come soon enough.

What's happening in SMG now that its been announced?

Would you take it?

Pat's strategy was always to make Intel fabless but first he had to bankrupt it otherwise the BOD would not allow it. Now they have to do it to survive.

The Fall Guy for the oxidisation issue in AZ and over heating issue in 13/14 Gen chips. Here is his parting statement a month ago on Linkedin “After nearly three decades with Intel Corporation, I’ve decided to retire and embark on a new chapter... — read more 

Are there any estimates on how many accepted ESP or VSP ?

Intel should put all of us on paid leave until they get their $hit together. Thoughts?

Just got hired as an intern am I going to get laid off. Worked so hard to get this role countless applications and rejections.

https://m.youtube.com/watch?v=ERwBUIovLpM

So saw my payslip and got a massive quarterly bonus of Don’t spend it all at once . Meanwhile the executive ‘leaders’ will clean up - shame on them all…

The next phase ISP. Time for me to take some personal time off. What's your plan until then?

… how does notification happen? Email? Meeting with boss/HR?

I'm assuming those on work visa will not be laid off and they will find jobs within Intel with the help from HR placing them and managers having to hire them even if they are not qualified for the job and job training will happen. The main reason is... — read more 

Pat has lost the confidence of employees, shareholders, owners, analysts. It seems the only people who still have confidence in this clown is the equally inept board of directors.

Surprised below hasn’t happened sooner. The board, ceos, and vps/gms have run this company into the ground with ineffective strategic leadership for years. Missed mobile, lost process leadership, terrible acquisitions, and now far behind on AI. It’s... — read more 

https://www.tomshardware.com/tech-industry/intel-marketing-budget-to-be-slashed-by-35-indicates-internal-slide-jobs-and-marketing-programs-under-threat

What Can I do to make my manager put me on his ISP list beside getting fired?

Can’t be happier. I don’t see any future for Intel. Been here for a while, witnessed all the bad decisions and moves, seen many competent people booted and replaced by cheap workforce abroad - quality just isn’t the same, and most importantly I see... — read more 

Every additional day that he sticks around he does more damage. At what point will the board fire him and the inept bumbling crooks he put on ELT

So , voluntarily leaving ends today - how soon you think we’ll start getting let go ? Would love be notified asap , then I can eke it out as long as possible and extract every penny I can !

Your top 10 list to fix Intel: Stop all constructions of all new fab's that PG started effective Monday 11/26/2024

Check out the AMD board @OP+1tSvJMPV No one wants infection from the Intel virus.

https://techcrunch.com/2024/08/22/boston-dynamics-new-electric-atlas-can-do-push-ups/

When you enroll in the program, you receive an email with a very brief message: "Thank you for enrolling to apply to exit Intel. This is your confirmation email. You may change your enrollment decision until the window closes on August, 23rd at... — read more 

Elevating a post by @vft+1u7Jlv68. This is a really good article: https://finance.yahoo.com/news/intel-latest-fortune-500-giant-100000114.html I think Intel is on the fifth bad CEO in a row. PG, BS, BK, PO, and CB. All of them made some critical... — read more 

The decision by Michelle Johnston Holthaus, Executive Vice President and General Manager of the Client Computing Group, to take a sabbatical at this moment of unprecedented crisis within Intel is nothing short of a betrayal to the company and its... — read more 

When getting a job here was a reason for celebration? How did we go from there to this joke of a company? Intel is now hated by the majority of its employees and is often the last on the list for top talent looking for new jobs. Nobody wants to work... — read more 

Imagine you had a business, and you went on a shopping spree and bought all these equipment's hoping customers would come but you then you realized you been an id--t, and you were going broke. Let's then assume you had 100 employees. How much of your... — read more 

I would like to take an opportunity to reflect on that .. If I remember correctly (please correct me where I'm wrong) .. he said something to the effect of it will be tough in middle and that we should stick it through till then end. His... — read more 

Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses for 2022. 2024 is on track for $10 billion in losses.

Is there any chance of going private with the current debt, market cap & assets.

They are planning a veryyy huge layoff to break even in pnl you heard it first

Intel was worth more than Nvidia and AMD combined. The value destruction is astounding. It would be hard to fbck up so badly even if you tried. https://www.youtube.com/watch?v=IHf1sAmCk8o&t=629s Intel is and has been run by clowns.

Yes I know no reason we can’t make profit fabbing chips at TSMC Intel 4, 3, and 20A are all unprofitable by design Intel 18A is supposed to return us to profitability, but on the back of a fab network we’re busy putting on ice. No scale => no... — read more 

Any Intel?

What is the situation in Hillsboro? Does anybody know how many will be affected?

Hmmm I wonder what he knows and what he didn’t like… is the Titanic ready to sink??